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US crude oil imports increased in 2016

April 12, 2017

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Gross US crude oil imports in 2016 rose to an average of 7.9 million b/d, 514,000 b/d more than the 2015 average, according to the US Energy Information Administration.

Net crude oil imports increased by a smaller amount (460,000 b/d), as US crude oil exports rose despite a decline in US crude oil production.

From a longer term perspective, gross crude oil imports in 2016 were still 22 per cent lower than their 2005 high of 10.1 million b/d.

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